The good news for international offshore vessel owners is that there is more work in Malaysia and coming up in Australia. The bad news is though that rates are so low it’s a case of “the more you work, the more you lose”, says Mike Meade ceo of M3...
CIMC Raffles and China’s State Power Investment Corporation Shandong Branch have inked a strategic cooperation agreement in CIMC Offshore Engineering Research Institute for the development of offshore wind power.
Poland’s offshore wind sector is set to boom, with the potential to supply 25% of the country’s energy by 2040, replacing ageing coal power stations delegates at recent maritime forum in the country were told.
Seatrade Offshore Marine and Workboats Middle East (SOMWME) brings together each and every corner of the global offshore vessel market for a two-day trade show and conference, tackling the industries most pertinent topics.
Singapore’s Keppel Offshore & Marine (Keppel O&M) has received 100 scrubber orders to-date as it continues to see more enquiries ahead of IMO 2020.
Malaysia’s Yinson has signed letters of intent with Brazil’s Petrobras for the provision of a FPSO under a 25-year charter worth $5.4bn.